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Transocean Ltd.
CIK 0001451505 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
4.2
composite · 2 signals · CLEAN

Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.

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Signals

P-13 · FY 2023-12-31 · ELEVATED57.6

Zombie / distress

[FY2023 data, stale — no more recent EBIT figure in XBRL] Interest coverage -0.50x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-23)
Evidence — inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": null,
    "2024-12-31": null,
    "2023-12-31": -0.503,
    "2022-12-31": -0.055
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": 7.307,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": -325000000,
    "interest_expense_t": 646000000
  },
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1451505/000145150526000018/0001451505-26-000018-index.htm",
    "form": "10-K",
    "filed": "2026-02-23"
  }
}
P-07 · FY 2025-12-31 · CLEAN4.2

Pension underfunding

DB plan 98% funded
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-23)
Evidence — inputs and thresholds
{
  "benefit_obligation": 1408000000,
  "plan_assets": 1381000000,
  "funded_ratio": 0.9808,
  "deficit": -27000000,
  "deficit_vs_equity": 0.0033,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1451505/000145150526000018/0001451505-26-000018-index.htm",
    "form": "10-K",
    "filed": "2026-02-23"
  }
}